Meredith Revaluation

Gilligan · 09-08-2006, 09:31 PM

Quote:

Originally Posted by Gatto Nero

So following that logic if my house only went up 50% to 150,000 then my taxes would go down to $1504, correct?

Your logic must be faulty. Property taxes NEVER go down !

Gatto Nero · 11-17-2006, 10:18 AM

Quote:

Originally Posted by Gilligan

Your logic must be faulty. Property taxes NEVER go down !

You were right. My logic was faulty. A 63 percent rise in the town's net assessed valuation has resulted in the tax rate dropping around 34 percent. So, big surprise, I'll be paying more this year....again.

http://www.citizen.com/apps/pbcs.dll...-1/citizen0103

ladybug · 11-20-2006, 06:51 PM

I just read the tax rate in Meredith has been decreased to $10.74 per $1000. It was $16.25.

Pepper · 11-20-2006, 11:29 PM

Quote:

Originally Posted by ladybug

I just read the tax rate in Meredith has been decreased to $10.74 per $1000. It was $16.25.

Although the rate per 1000 has been decreased, I'll bet there are very few tax bills that have decreased in total tax. The decrease is merely a byproduct of the re-evaluation ~~~ higher property values = lower cost per 1000 to generate the same revenue.

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Hybrid Mode Switch to Threaded Mode

11-20-2006, 06:51 PM	#3
ladybug Junior Member Join Date: Apr 2005 Posts: 15 Thanks: 0 Thanked 0 Times in 0 Posts	I just read the tax rate in Meredith has been decreased to $10.74 per $1000. It was $16.25.